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gates, the man who created the world's most valuable software company, microsoft; mark zuckerberg, the young, geeky computer programmer behind the internet phenomenon facebook; and sergey brin, the cofounder of google. we'll begin with brin. has there ever been a brand name like google? in less than five years, it went from an idea to a global verb, as in, "i googled this," or, "i google that," or, "i google you." back in 2006, shortly after the company went public, google opened its doors for the first time and let us google them. >> we have north america. >> oh, look at that. google cofounder sergey brin is showing us an electronic globe that displays the mountains of google searches happening around the world at any given moment. >> so every little dot represents a certain number of searches, but you can see that there are thousands of searches going on every second. >> looking at the googleplex, company headquarters in silicon valley, it's hard to imagine that just a few years ago the company basically consisted of the russian-born brin and cofounder larry page working in a co
. > as worldwide csumers embrace mobile devices, leaders at microsoft have had to roll with the changes. managers at the pc giant are pinning hoped on their new operating system windows 8. nhk world's rosa sebrino has more. >> it really is an exciting, exciting day. windows 8 -- >> reporter: microsoft released what it hopes is its latest top operating system. windows 8 went on sale in more than 140 countries and territories last month. the software gives pc users a completely new interface. the tiles operate by touch, much like mobile device interfaces. it's a major change and a bold challenge. but will it be successful? the tablet computer market is now dominated by apple. microsoft's key rival. windows 8 is microsoft's attempt to gain ground in this growing market. microsoft also released its first-ever tablet device running on windows 8. this is microsoft's new surface tablet which has a cover that functions as a keyboard and also features the windows 8 live tiles. four million copies of windows 8 were sold worldwide in the first three days of its launch. sales are growing at a record pace. ho
investors are losing confidence in microsoft. what you need to know before you sell the stock. an electric car company shocks the auto industry. way sales could suddenly rocket. and does cisco systems have the power to spark a rally today? first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's wednesday, november 14th. i'm angela miles. the market is still hanging in the balance. yesterday there was a modest sell-off in stocks and commodities. wall street appears to be using caution while lawmakers in washington prepare to face off over the fiscal cliff. zynga's cfo is exiting the social gaming company for a senior level position at facebook. zynga is shaking up the management ranks and is backing its 2012 outlook. petitions to save thanksgiving from black friday shopping are popping up on the internet. employees and their families are among the first to sign on. and aaa predicts the number of americans hitting the road to head home for the holidays will rise slightly this season to 43.6 million. todd horwitz of
in belize. watch out, microsoft shareholders, i'm one, your stock getting killed. "varney & company" about to begin. and waiting in line. i don't have to leave my desk and get up and go to the st office anymore. you can print real u.s. postage for all yo letters and packages. it gives you the exact amount of postage you need the instant you need it. can you print only stamps? no. first class. priority mail. certified. international. and the mailmapicks it up. i don't leave the shop anymore. [ male announcer ] get a 4-week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. >> all right. today is back to workday in washington. president obama has his first big meeting on the fiscal cliff since his reelection. and who is he meeting with? union leaders and far left activists. we're scrolling their names on the side of the screen, but you can see richard trumka is there along with the heads of every major union, richard trumka who said this after the president's victory last week. >> it's strongly believed that we should
to improve ties. >>> microsoft has been trying to play catch-up to apple's world of back-to-back hits like the ipads. some are calling it quits and moving on. yonggi canning has the latest. >> it's interesting. we're seeing a series of departures at u.s. tech giants. last year we learned apple was losing scott for stall. now we're hearing from microsoft. microsoft announced its windows division chief has left the company. the announcement came as a total surprise. less than three weeks since microsoft's high profile release of the windows 8 personal commute computing system. he quit on monday. microsoft hasn't given reasons for his departure. some reports say san nof ski may have had troubles in his relations with steve ballmer and other executives. in his statement, the 47-year-old executive thanked for what he called the countless blessings he received at microsoft. he also expressed his appreciation for the professionalism of workers at the company. san nof ski led the development of the surface tablet as well as windows 8. he was seen as a candidate for ceo in the future. >>> now, let'
be after ipads for christmas the will has new competition from microsoft. the service could give the ipad run for its money. clean morris is here and is going to show us what is so great about it and the opening bell is next. dave: you hear the opening bell on wall street, last trading day of the day after thanksgiving. you always wonder will be a sleepy day or will there be some surprises? there may be some surprises. so far we have a slight gain on the opening of the dow. the dallas trading up 13 points but it is moving upward in a quick direction up 26 points. a day like this you are never sure what will happen if there's not a lot of volume. a few big traders can move the markets the state's tuned. we want to show you some pictures out of cairo, egypt. you may have seen there was a power grab a bite that guy, a head of the muslim brotherhood the egypt. he just recently declared himself the ayatollah of egypt and a lot of egyptian and not happy about that. this guy essentially put himself and his government above the judiciary. when you don't have a free judiciary you have a dictato
. >>> a shake up for microsoft. >>> we'll show you how people rushed to opening day at a mall in livermore. [ female announcer ] fortunately, sam was born at sutter health's alta bates summit medical center. [ woman ] the staff was remarkable. they made me feel safe, trusting, cared for. [ giggles ] they saved his life. i owe all of them my son. [ female announcer ] alta bates summit medical center and sutter health -- our story is you. want to start the day with something heart healthy and delicious? you're a talking bee... honey nut cheerios has whole grain oats that can help lower cholesterol. and it tastes good? sure does! right... ♪ wow. delicious, right? yeah. it's the honey, it makes it taste so... ♪ well, would you look at the time... what's the rush? be happy. be healthy. >>> u.s. stocks are mixed after european leaders postponed the latest package. home seams are up 4% and taking a live look at the big board, the dow is currently down 35. the nasdaq is down 15. s&p down 3. another stock to watch is microsoft down nearly -- down just over 3% right now. the reason, the microsof
. >> see the >>> the guys at the youtube channel like to kill things. they kill a brand-new microsoft surface, microsoft's version of a touch-pad computer. >> both the m-16 made to accommodate u.s. ordinances into a launcher as well. >> i don't think the tablet is going to stand much of a chance here. >> they do a quick rundown of the pros and cons of the microsoft surface. so there is some information in here. >> you shouldn't use your -- microsoft surface as like a bulletproof vest? >> not effective. >> one rifle doesn't do it, he does the old -- dual-wielding -- right. the promo is pretty neat. >> you see t bullet itself, which is coo right there. >> i don't think the warranty covers that. >> be careful what you buy on craigslist this season. >> lightly used microsoft tablet for sale. >>> brought us the video of a guy who can move his scalp in creative ways. >> it was totally weird. >> it led us to showcase our weird human tricks. i can make my tongue look like a butt. >> we had a few, i was doing this. i was wiggling my ears. >> we asked our awesome viewers to go to rightthisminut
. >> slowly coming lower here. meanwhile, microsoft is escalating its war with google. listen to this. >> can you spot the ads in the google shopping search results? it's easy. they're all ads. >> microsoft warning against getting what they call scroogled. is there a vaccine for that? we'll explain what it means. don't worry, you don't need to ask the kids to leave the room. we'll get that. >>> speaking of shopping, are luxury retailers like burberry seeing any impact on the looming fiscal cliff? we'll talk with the ceo later on "the closing bell." we're back in a minute. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-siz
for this new microsoft's store to open a letter this morning. as you can see this line wraps around about--is about way over a hundred people. the microsoft store is having a grand opening ceremony and it will officially open at 11:00 a.m.. at 4:00 p.m. it will be a kelly clarkson concert. and this is why a lot of these people are here i guess the teenagers because that really came to see kelly clark said. you do have to go through the microsoft store to get the tickets. the first two people in line is that father and a son and he stated that they had tickets to see her earlier this year he was diagnosed with--he came out here yesterday to make sure that have tickets for to that. >> i am really excited because i am anticipating what will happen. i have a chance to meet her. >> after everything that you have been through what does that mean for you? >> it gives me hope for the future and this is not then and there's still much more for me to look for too. >> this is the advantage to be one the first 100 people in line and you get to meet kelly clarkson and if you are now one of the first 1
. mariiuana.that's far more than any other drug on the list. straight head... microsoft buys an app... created by a high schooler. schooler.how it chhnges the way... students and teacher inteeact. ((break 3)) [ male announcer ] what can you experience in a seat? inspiration. great power. iconic design. exhilarating performance. [ race announcer ] audi once again has created le mans history! [ male announcer ] and once in a great while... all of the above. take your seat in the incomparable audi a8. take advantage of exceptional values on the audi a8 during the season of audi event. ♪ during the season of audi event. a high school student in virginia has developed an application that's sure to enhance the learning ssudent and teachers coomunicate. mike hydeck expla. &pexplains. he's fouud a way to take the fear out of raising your hand in class.(nnts)ask your question in the hallway instead.the name came from the idea that some really amazing proffund learning appens outside the classroom in the metaahoricaa hallway. hallway is a social media type site in ann the sitt connectt y
high school buddies who started microsoft and a computer revolution had some pretty trying times along the way. do you think he came to think that you weren't working as hard as he was and it became a source of resentment with him? >> well, i think he was always pushing people to work as hard as they possibly could. >> you included. >> um, maybe me more than everybody else. >> you talk about his yelling--screaming. >> uh, there was a lot of yelling. >> you guys never understood! you never understood the first thing about this. i mean, there's no way. >> we'll figure it out. >> welcome to 60 minutes on cnbc. i'm steve kroft. in this edition, we meet two silicon valley billionaires a generation apart who revolutionized the world of computing and the internet. facebook ceo mark zuckerberg and paul allen, microsoft's cofounder. we begin with mark zuckerberg and facebook. if you have a facebook account, you've probably reconnected with an old pal, shared photos with your family, and gotten advice from your friends on what to buy and what to read. but facebook has bigger plans. it wants to t
scandal. time now for some business news. less of a scandal, but more of a mystery i think, with microsoft. what's going on there. it just launched windows to much fanfare. has it gone? >> no, the fanfare's still being questioned at the moment. this is shocking news, this is surprising news, not my words, but the words from tech experts that i've been speaking to. we're talking about the man who quit microsoft with immediate effect, and experts tell us we can't underestimate just how important this man was. he was the myself ro behind windows 8 and that tablet that just launched last month. these products are considered the future, certainly flagships products for microsoft. and his name had always been touted as being the possible next successor to the current chief executive. so the tech world of the moment a little baffled as to his depar sure especially because microsoft hasn't given any reason. on top of that, it's come at a time where we're seeing constant changes in this industry last month to senior executives quit apple. last month yahoo appointed a new chief operating officers. a
after microsoft unleashed windows eight on us, the tech giant releases the guy who is behind it. what is going on there. we will also talk with ken burns. he will talk about his election and his new documentary about the dust bowl. here are some winners on the s&p 500 today. ♪ >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save y 15% today if you open up a charge card account with us. >> youust read my mind. >> announcer: just one little piece of iormation and they can open bogus accounts, stealing your credit, your money and ruininyour reputation. that's why you need lifelock to relentlessly protec what matters most... [beeping...] helping stop crooks before your ideity is attacked. and now you can have the most comprehensive identity theft protection available today... lifelock ultimate. so for protection you just can't get anywhere else, get lifelock ultimate. >> i didn't know how serious identity theft was until i lost my credit and eventuly i lost my home. >> announcer: credit monitoring is no
the development of the two latest versions of microsoft's most important product, helping revamp the windows division after the troubled release of windows vista. it's work that helped put him in line possibly for the c.e.o.'s office. but instead, sinofsky is out and steve ballmer remains the c.e.o. >> the more broad implication is, windows 8 was just released. this is a product that is supposed to change the future of microsoft, change its fortunes, and now the person behind its development is leaving. that's an ominous sign for investors. >> reporter: another troubling sign is the explosive growth of tablet computers and smartphones, stealing traditional desktop computer sales and the $75 licensing fee microsoft receives for every windows p.c. sold. >> microsoft's business model is just fundamentally broken for a mobile age, and that's not something someone like a steven sinofsky leading an engineering team on windows can fix. >> reporter: the stock reaction was negative. microsoft shares fell to their lowest price since january. sinofsky will be replaced by two women who worked with him.
of moves there. the management shuffle not the only one in the cycle today, over at microsoft the president of the windows division pushed out just weeks after windows 8 released. zwreechb zynopsi is leaving. sources say microsoft is worry about abilities to get along with others at the time when microsoft is counting on more cross product coordination. microsoft shares down more than 3% in trading sewed. research in motion ceo says he would be surprised if we did not see customers upgrade together new black berry 10 operating system. he tells bloomberg government he expects 200,000 customers to splurge for bb 10 when it comes out next year. the u.s. government is one of the top customers but lately, some agencies have been switch together iphone. and cisco reported earnings after the bell, it's the biggest maker of networking equipment, sales up 6% and around $12 million, profit up more. 18% hovering around $2 million. as for broader market, more concerns over the fiscal cliff helping to send stocks lower, and your bloomberg silicon valley index declined on the day. intel, google leading t
on microsoft x box, not on any others. is cash-cow, a multi billion dollar franchise. it's microsoft's great successes. they are trying to blank into the tablet and smart phone world, but the more it appears to people, the more windows mobile devices will appeal. >> halo helps sell x box. they in turn use that brand to expand each other's territories. when microsoft started talking about windows phone, one of the things they pushed was you can have part of the x-box live experience on this phone. >>> stocks closing with their worst 1-day loss of the year as investors look past the election and focus on the big problems ahead in washington and europe much the dow jones average plunged 313 points, the worst day of '12. the s & p500,500 topped. >> don't panic or bail out. >> that's the message from jim at market watch who says despite the dow's 313-point loss wednesday, it's not as bad as it appears. >> the numbers look scarier than they are. the day before we had a run-up of 133 points. >> it's be dateable if the election results were the reason for the drop. what is not debatable are two thin
down the company's latest earnings. >> first, another shake-up at microsoft. that stock is really feeling the pain lately. the man behind windows 8 considered to be the successor to the ceo, he's now out. what that says about the company coming up. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ >>> welcome back. we have a quick market flash from mary thompson. amd on
exchange. futures in the red on cautious commentary from some retailers. management shake-up at microsoft and weak german business sentiment and this prolonged spat between the eu and imf over how to reduce greek debt. a beat and raise for the quarter for home depot. >> the man in charge of whippedos eat leaves microsoft just weeks after the product launches. >> jcpenney hits new lows. investors have to recognize that jcp is really two companies. we'll hear what he told becky, andrew and joe. >> lockup of all facebook shares tomorrow. >> first up, shares of home depot rising in free market pchlt home improvement retailer earned 75% a share in the quarter. that beat estimates. home depot raising full-year guidance citing signs of recovery in if the housing market. jim, 4.2 on global comps. 4.3 in the u.s. frank referring to what he calls a healing in the u.s. housing market. >> he's remarkable. he's correctly been negative when it was right to be negative. he's now positive. i was most concerned that this company would have a big dip right here because there's a lot of companies that are r
. at 2906. apple and microsoft sort of impacting the market today. the s&p 500 is up 1 1/2 points at 1381. less than an hour to go, let's talk with stocks in the green. can we manage to kick off the week in a positive note after last week's big losses? uncertainty over the resolution of the fiscal cliff is going to see for the foreseeable future, until the end of the year, as investors weigh what to do about that. what is the investor to do now that the markets get out of the way? >> we have chris levy from blackrock, michael from penchant partners michael jaynes and bob pisani. let's talk about this end of year tax increase, which is likely for certainly the highest earners. michael, how do you want to be positioned? >> i think the dividend stocks clearly are the most at-risk for that. if you look at utilities today, they're among the worst performing and that's a high dividend-paying tech tore. i think there's internal rotation under way but you could be bullish if you push people away from the safety trade of dividends it may force them to focus on cyclicals which are relatively sheep.
google fasz book, apple, and amazon and sometimes microsoft because they have so much money >> and you have to throw in samsung. >> rose: samsung now because of consumer problems and they're -- products and they're having some success and we've seen the increasing prevalence of the android model. tell me where that race is and what are they racing for? >> well, everyone is racing for dominance. >> rose: dominance in what? >> they want to dominate your screen. if your platform is the mobile phone, the smart phone, if it's a tablet, if it's a desktop, whatever your platform is, they want to do b the tom nant force on it. so then the question becomes do you have to own the system in order to dominate the way apple was? the way microsoft does? the way google with android does. i mean, google has a much bigger market share than the iphone does in terms of both what -- in terms of powering both ipad and iphones, mobile phones and tablets. but google made a different decision than apple. they said we're going to give market share by giving it away. >> rose: gain market share by giving it away
. >> absolutely. >>> breaking news now. it concerns microsoft. let's go out to jon fortt. jon? >> hey, sue. microsoft has officially announced the pricing for surface pro. that's the version of microsoft's tablet that runs an intel core i5 chip. it was anticipated that this would be higher than the surface which started at $499, $599, and indeed it is higher. it is $899 for the 64 gigabyte version. for the 128 gigabyte version, $99.99. surface pro is backwards compatible, it will run windows 7 apps and also done pen input. is sort of the cadillac version of microsoft surface. priced at a premium until tablet market. we'll have to see how it does and it doesn't arrive until 2013. >>> new positive signs on the u.s. economy to tell you about. it grew faster than expected in the third quarter. gdp expanding at an annual rate of 2.7% topping last month's estimate of 2%. our senior economics reporter steve leisman is here. what struck you about this report? i remember the day before yesterday you were saying don't expect that kind of performance in the fourth quarter. >> exactly. i'll take it. w
names on the move with microsoft, stepping down, the leader over 23 years, and people are wondering why and weigh in on the nasdaq, dell little better. home depot numbered with good numbers. cisco back and forth with its earnings estimate. melissa: the energy sector mostly lower today in global economic worries that natural gas is bucking the trend up 4%. jeff flock have a latest on that. >> it is cold. i had snow in my yard. the markets are very much on seasonal issues. i will get to that in the next hour but natural-gas up almost 4%, below normal temperatures forecast and it looks like for the first time since 2007, the earliest decline in inventory, the supply is going away because it is cold, need to burn more natural gas. the oil sector down today, texas intermediate losing 1/2% and this is mostly global concerns that most people look at brand as well that is the bigger loser as well because the i e a, international energy agency indicating there is going to be less demand worldwide and this extends to the gasoline sector as well. take a look at that. it has been down 1% last i che
home. mcafee is still at large. >>> a microsoft window shakeup, the president of windows and windows live operations is leaving the company. steven is stepping down just weeks after the company launches windows 8. the company did not give a reason as to why sinofski is leaving. company veteran jew gee lar son green will take over his responsibilities for the time being. >>> a live look outside this evening where we are still seeing clear skies around most of the bay area including the north bay, which is allowing temperatures to drop off at this hour, but clouds are expected to increase, which will keep temperatures still a little warm than what we saw last night. chilly in nevada with 41 degrees, 44 in val val -- that's going to be mainly low 40s away from the coastline. again t clouds i just mentioned are expected to increase to the north overnight and increase even more tomorrow afternoon but we're still going to see warmer temperatures tomorrow than what we saw today. i'll tell you about that plus rain in the extended forecast coming up. >>> new developments keep unfolding in the
volume. 216 securities were affected. a major shakeup at microsoft this morning weeks after the lunch of windows 8, steven sinofsky is leaving the company. the 23-year veteran was widely seen as a possible successor to microsoft ceo steve ballmer. >>> antivirus software billionaire john mcafee is wanted for questioning in the murder of his name in belise. police say mcafee is the prime suspect. his company was sold to intel in 2011 for over $7 billion. >>> more than 400,000 people have signed a petition asking macy's to cut ties with donald trump. a new macy's holiday ad reportedly makes light of trump's support of the so-called birther movement which questioned president obama's citizenship by showing him tugging on santa's beard to make sure it's him. >>> research in motion is awaiting the blackberry ten operating system. motor 10 has named tesla model s the 2013 car of the year. >>> coming up, an arizona woman runs over her husband with an suv for not voting. this is serious. >>> plus, nascar's jeff gordon will be writing a very big check over this fight. you're watching "early tod
. >>> first here's this morning's tech bites. >> reporter: today microsoft has shown its window guy the door, the president of the window's unit is leaving the company less than a month after the launch of windows 8. new blackberry operating system and phones that run it will be unveiled the end of january go on sale the next month research in my shun hoping this will make blackberry phones relevant again. call of duty black operations goes on sale today. many who plan to buy in admit they will probably call in sick for work today. it's time to change the way we clean. it's time to free ourselves from the smell and harshness of bleach. and free ourselves from worrying about the ones we love. new lysol power & free has more cleaning power than bleach. how? the secret is the hydrogen peroxide formula. it attacks tough stains and kills 99.9% of germs. new lysol power & free. powerful cleaning that's family friendly. another step forward in our mission for health. . >>> welcome back. breezes blowing through downtown san francisco, ferry building back to the bay bridge clear, a few high clouds no
growing. entries include the nook hd, hd plus, ipad mini and surface. microsoft first tablet. consumer reports tests to find the best. there are big differences. for example, the $500 surface has a superb screen plus a handy stand. and you can get it covered with a built in key boorksd however, content, microsoft has a way to go. >> windows tablets lack access from apple. or the amazon and barns and nobel offerings.. >> size is another important consideration. the 7.8 inch ipad mini is the first smaller tab bleth>ck. competing with other small tab blets. consumer reports finds the mini is every bit as good as bigger ipads. the screen offers crisp text, photo viewing and good sound. the ipad mini is light, making it portable. for $200 barns and noble nook is well worth considering. sharp text, the screen, makes reading a pleasure. however... larger nine inch nook hd plus is a better choice in you're a magazine lover starting at $370. ipad still offers -- 37 370 -- $270. ipad is 500s skpdz up costing almost twice as much. >> korts says no matter what your priorities, there is never been
the project had so much promise that microsoft was interested and gotanother teen from spring brook high school in maryland to develop the mobile app. the all student project is really taking off. >> classes are loaded in. you can either adthem on the website or in the app. >> every student has fear aboutasking the one question that seems so straightforward and you don't get it and don't want to be the one who doesn't get it. so, everyone has the fear and having an app like this that abol ishes the fear is well --abol ishes the fear is welcome ding abolishs the fear is welcoming. >> reporter: he listen to how it went. >> we walked in wanting x dollars and came out over 10 times as much we asked for. >> officials say that hallway is expected to become available sometime early next year. >> microsoft is making it part of the launch for window 8program coming out soon. >>> make headlines this morning, a train collided with a float killing 4 and wounding veterans during a parade. this happened in midland texas. the float was part of the hunt for hereos event to honor veterans. police say tha
the object of a little bit of teasing today. this add from microsoft makes fun of google saying shoppers would be better served if they use the microsoft engine to find products. microsoft using humor to get in there, as well. we'll see if it works. we'll have the holiday guide for you with the latest gadgets coming up later in the show. >>> there could be a link between a beer belly and the risk for osteoporosis. a study reveals men with bellies are more likely to be diagnosed with the condition. belly fat is already linked with many dangerous conditions. for men it is also linked to osteoporosis. the reason that access fat embedded deep in the abdomen weakens bones dramatically. >>> most american couches are toxic. they found flame retardant chemicals in more than 1/3 of sofas nationwide. at least two are known to cause cancer and neurological and reproductive damage. health advocates are urging legislators to pass stricter guidelines. >>> a high profile ceo visits the white house today for a meeting with the president. >>> and stepping in to save a life, another heroic effort in the s
in napa area northbound 121 blocking lanes at highway 29. >>> 6:10. microsoft may be getting ready to go head-to-head with apple in the phone market. sources tell the wall street journal testing -- tell the "wall street journal" testing is underway for a smartphone microsoft isn't sure whether to put the phone into mass production. analysts expected microsoft may be getting ready to builds own phone. >>> san francisco's city attorney asking the maker of popular energy drink provide proof behind claims and advertising. city attorney herrera sent the letter to monster beverage asking the company to back up claims that the energy drinks itself are safe for children and adults. monster has come under scrutiny after the fda received reports the deaths of five people may be linked to the company's energy drinks. >>> more trouble in the wake of superstorm sandy long lines commuters are still waiting in to get gasoline and what one impatient driver is accused of doing that could land him in jail for 15 years. >>> java jolt in the race for president. the starbucks executive throwing his support b
and friday. back to the desk. >>> 909 and hundreds braving the weather of the opening of the microsoft store but it wasn't the store many people were waiting for. allie rasmus is there for why they are all lined up. >> reporter: i want to show you the line. excuse me for a minute. the line snakes all the way around. they have some dividers set up here. the line snakes all the way around in front of the gap store and around the corner o to -- around the corner to the industry of the village. the grand opening here is for a new microsoft store, but the store and the products inside, they're not the reason why all these people are in line. they're here for a free concert with kelly clarkson happening later today. it's being hosted by microsoft as part of their grand opening. check out what it looks like out here at the village of cordamadero they wanted to be among the first people to get into the concert. they're supposed to be allowing 2000 people into the concert, and the first 100 people in line got wristbands to meet kelly clarkson in person and it's happening at a stage set up across the
search. they spent the night out in the cold and anticipation of the grand opening microsoft store. but nobody would've logger. >> we had tickets and had to give them up. >> i was diagnosed with leukemia. >> the 18 year-old son was receiving treatment. >> what doesn't kill you makes you stronger. >> i felt like i was trapped. something that you look forward to. >> that is why he and his father made sure that there were first in mind. >> because i was joining hundreds at the opening and they cared about the concert. >> that is big the microsoft store but i think that it brought everybody together was the concert. >> that is why jordan is here in the also received a surprise to a free tablet. signed by kelly clarkson. >> this is great!, wonderful, worth the wait. >> certainly is emotional and microsoft has three stores open across the bay area. mike pelton, kron 4 news. >> coming up later in sports the a's will sign a suspended player of the workers lose one of theirs for one of the season and a big day on both sides of the ball. coming up. >> the first weekend in november but it sur
and you still want to play to see what happens >> this is only on microsoft x box council. it is microsoft's to become a cash cow, a multibillion- dollar franchise. x box and halo is a great combination. they are trying to break into dea smart phone market. >> halo out cells x box and microsoft knows that is a big brand. so they can use to that branch to expand into other arenas. when they started speaking of windows phone was that you could have part of your x box experience on your you could [ laughter ] your [ girl ] wow. you guys have it easy. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah, blah, blah. if i had a sleepover, i couldn't just move the tv into the playroom. no, we had to watch movies in the den because that's where the tv outlet was. and if dad was snoring on the couch, we muscled through it. is she for real? your generation has it made. [ male announcer ] the wireless receiver. only from at&t u-verse. get a free wireless receiver with a qualifying u-verse plan. rethink possible. >> now for today's market update. th
. >>> microsoft admitting to consumers the storage space listed for its new surface tablet isn't true. microsoft is listing one model of the new tablet with 32 gig bites of storage space but it only has 16 the other 16 is used to install the new operating system microsoft tells the los angeles times it wants users to get the most out of the tablet. >>> holiday shopping is just around the corner so are the hard sells for extended warranties and service plans for everything from computers to appliances. michael finney takes a look at whether you should buy one. >> reporter: good morning. consumer reports says there's a real dollar and cents reason for this stores make more profit on these than on the product you are buying. whether you are buying a holiday gift or need a new appliance you are often urged to buy a service plan. even online, many sites offer an extended protection plan before you check out. the consumer reports says, service plans are almost never worth it. >> our survey show products don't break down that much during the service contract period even if they do, it doesn't cost that
. longer term, there are fears about growing competition from google and microsoft. and concerns about management changes. >> there are concerns about the management team, the transition from steve jobs to tim cook. you had a management shake-up announced recently. you had apple maps released to negative reviews. you have some people who say that wouldn't have happened under steve job's watch. >> reporter: apple's decline is having an outsized influence on the nasdaq 100 and the s&p 500. the tech giant currently has a 17% weighting in the nasdaq 100. that's more than google, intel and amazon combined. apple's weight in the s&p 500 is about 4% bigger than exxon, g.e. and microsoft. that makes investors in index funds and e.t.f.'s with large holdings in apple more vulnerable. the popular powershares q.q.q. trust has about 17% of its assets in apple. that e.t.f. has fallen about 10% since september 19. although apple drags down indexes when it falls, it also lifts them when it rallies. when you look at the year as a whole, apple shares are up 35%. more than three times as much as the s&p
to be video games. activision and microsoft have each released update versions of best-sellers and they have become best sellers themselves. activisioblizzard shares jumped 4.6% thanks to its "call of dut: black ops 2" game selling $500 million in its first day. microsoft's "halo-4" game also has seen strong demand in its first week of sales. video games are a relatively small portion of microsoft's business. shares were down a half percent. video game retailer game stop looks to be an early winner of video game demand. shares jumped 4.3% closing at a new 52 week high. this led the consumer sector today. meantime, best buy is waiting to hear from founder richard schulze about whether or not he will make a buy-out offer. his 60 day period to look at its books comes to an end soon. shares sank 9.8% to a new multi- year low after an analyst at citigroup said turnaround efforts may not be enough to fight back against online competition. best buy reports its quarterly results next week. sears holdings shares fell off the shelf, down 18.8%. volume sky-rocketed after reporting sales at stores open
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